Data & Research
A British EU Exit Could Kill 34,000 London Jobs, IUA Warns
A British exit from the European Union would cause grave damage to the London market and the loss of thousands of jobs, according to a position paper from the International Underwriting Association ...
Reinsurance Rates Still Falling—But Less at June 1: JLT Re
Property-catastrophe reinsurance rate declines are continuing to taper off from the double-digit average drops that were recorded two years ago, JLT Re reported in a report yesterday. JLT Re's ...
Will Hurricanes Drive Property Insurance Rate Hikes? Experts Forecasting Changes
With two of three groups of expert hurricane researchers split on whether the 2016 Atlantic hurricane season will be above average or normal, a tie-breaking vote could come on Tuesday. But even a ...
Hurricane Making Landfall Would be a First for Many Florida Insurers
Should a hurricane make landfall in Florida this storm season, many of the homeowner insurance players now doing business there are untested as to how they'll perform when catastrophe hits. Fitch ...
Report Calls Out Insurers for Half-a-Trillion Dollars in ‘Dirty Energy’ Investments
Leading U.S. insurers have nearly half-a-trillion dollars invested in fossil fuel energy and the electric and gas utility sectors, according to a recent report that urges state insurance regulators ...
In China, Mutual Insurance Companies Are Slow to Start
China's attempt to spur the launch of mutual insurance companies has gotten off to a very slow start. Approximately 18 months after issuing regulations intended to spur growth of mutual insurers, ...
Emerging Risks to Watch: Neutraceuticals, a Fragmented Internet and Blockchain Challenges
A fragmented Internet, continued experimentation with monetary policy and another round of economic crises in emerging markets top Swiss Re's latest roundup of emerging risks to watch out for. Beyond ...
London Market Risks Casualty Reserve Shortfall: PwC
There is a real risk that casualty reserves for business written in 2015 will run off at a loss in the future, according to PwC's London insurance/reinsurance market review of reserve adequacy. PwC ...